Is the FOMC Santa or the Grinch?
Since the S&P 500 hit its high off the March lows on November 16th it has done nothing but consolidate in a tight range. Take a look at the chart…
Pre-Fed Jitters
On the eve of the FOMC statement the market is usually ambivalent as there is concern that the Fed won’t do what the market wants. With only 100 basis points…
Pivotal Week Ahead
It would appear as though the major indices are giving a lot of credence to the auto industry bailout as the Senate failed to pass the bill and the overnight…
Pivotal Week Ahead
There are a few good catalysts this week in the form of the Producer Price Index (PPI) on Tuesday and the Consumer Price Index (CPI) on Wednesday. Both of these…
One, Two Punch For The Bulls
Looks as though the bears won out on the argument of the recent market action as the major indices suffered their worst loss since the crash of 1987. Seems to…
Dead Cat Bounce or something stronger?
Anyway you look at it, 6 or ½ dozen, the equities markets have crashed. With two and a half months left in 2008 there is an uphill battle to just…